Topic: 🏈🏀⚽ POWERBET.IO 🔹 100% First Deposit Bonus 🔸 Top Odds 🔹 Instant withdrawals - page 5. (Read 15535 times)

There is no need for a "rat" on other sportsbooks Actually, detecting arbitrage betting is rather easy for an operator as there are pretty clear and simple indicators. You could actually google about it and its detection.


Actually, we only voided your winnings obtained from arbitrage betting which resulted in a negative balance on your account. As mentioned before, this is due to the fact that you withdrew such winnings before we detected and stopped your arbitrage activity.

Not only voiding my bets. They banned me permanently and kept all my money in the account. God knows how they define their terms and execute on us.

OP, how can you so sure about he bet on another sportsbook?? Do you have a rat in other sportsbooks? IMO OP's claim is weird, this "void issue" will keep me away from this site. Although the site margin is low, I afraid losing money here because they may confiscate or void my winnings.  

Mate, I didn't even do this. I just bet on powerbet.io for the games it had best odds. That is all I was doing.
I keep searching for bookies with best odds on the game I want to place bet.

Hey guys,
here powerbet.io is stating wrong. I never bet on other sites on the same game. If this is the reason for which they void my bets then they are totally wrong.
I never bet that way. Even I don't know about this pattern.

Powerbet.io, if I understand it right, is this the reason you took all my money? I never bet on multiple sites the same game. I just search and find good odds. Which ever bookie provide me good odds, I bet there. Is this wrong as per your terms. I found good odds for few games and powerbet.io and I bet on it. that is what I have done. If I would have found good odds somewhere else I would have placed bets there.

Now I am confident that they got me wrong if above mentioned is their reason for voiding my bets.

Powerbet.io please explain

Still no email and no money in my account.
Add the money to my account or give my money back! Whats your problem? It cant be that hard to add the money... you can do it manually in 1 minute.
What can i do now? Now no support answer and also the powerbet support here on the forum not answering. I want an answer now.
I hope that this isnt scam and i hope the money will be credited now or sent back to me.

Hi jujugoboom, I think you confuse arbitrage betting with "matched betting". An arbitrator bets on double "sites" and he "doesn't decrease risk", he takes none. No matter the match result, he will always have a small gain. Different sportsbooks have different policies about arbitrage, we are against it.

Why do you void arbitrage winnings? You don't allow arbitrage on your site? Do you mean he bet on double side to decrease the risk? IMO it is acceptable.

Hi, the payment is fully confirmed by blockchain and powerbet support also wrote email that they got the mone, and have tech issues and that it will be credited soon but how long? I want to bet today evening

@ Tigpro Hi, your deposit was returned to you as per your request. We will notify you when the technical problem affecting deposits will be solved.

@ spbettor Hi, as a result of voiding all your arbitrage bets, your balance with us is actually negative at this time - this is due to the fact that your withdrawn winnings (which we now voided for being obtained in violation of our terms and conditions) are higher than your deposits.

P.S. The bitcointalk forum should not be used for customer support inquiries, we can be reached by other means as well.

I got email answer saying you have Technical problems and you recived my payment and that it will be credited very soon...
But when? Why no more information? Also powerbet you was online why you dont post answer here? Thanks

I have been facing multiple issues regarding my account balance at powerbet.io. My account balance was automatically reduced  multiple times.
I kept emailing powerbet.io for the issues but did not get a reply.

I had about 270 mbTC in my account. Today I had place two bets of approzaimately 141 mbtc with 2.96 odds. Both those bets won which makes my account balance 130 + 420 = 550mbtc

Today I got an email from powerbet stating that I have violated their terms and conditions and they voided all my bets. I don't know what arbitage betting is all about but yes I was betting on the games where there was odds movement. And for this reason they have banned me permanently and stolen all my money. I just dont understand what they mean from the below statement for which they have banned me.

PowerBet services are intended for recreational players and PowerBet may in its sole discretion limit the eligibility of customers to participate in betting and gambling.


I just cant understand where did I go wrong. Also if there were any issues with my bets they should have told me regarding this before banning. I would have been cautious or stopped bettting at powerbet. But stealing my money without even letting me know is insane.

Below is the copy of email I received from powerbet.

After reviewing your account activity with PowerBet, we have found you have violated our term and conditions, specifically you have continuously placed arbitrage bets, which is a form of professional betting. As stated in our terms and conditions: "PowerBet services are intended for recreational players and PowerBet may in its sole discretion limit the eligibility of customers to participate in betting and gambling."
Therefore, we regret to inform you that your account has been permanently banned and all winnings from arbitrage bets placed on our website have been voided.



I am just requesting powerbet to return my money. I won't be betting at their site any more because I dont even know what I have unintentionally done wrong.

Hello, i made my first deposit of 0.05 BTC at 03:04 AM and the payment got confirmed like 3 hours later by blockchain
So the payment is fully confirmed but not arrived in my powerbet account. Also in transactions history on powerbet i dont see it.
I did everything right the deposit adress was 100% correct and i checked 3 times. I can provide all information
Why is the money not in my account? Please add the money into my account and also my first deposit bonus please.

I will send the transaction details to you via PM

My username on powerbet is winys

Can you see your deposit got confirmed on the blockchain? If yes, they wiol credit you very soon, if it is no confirmed by the blockchain(you say 3 hours confirmation?), so it is a delayed there.

I love this site. They have very good variety of markets and very decent odds. Also a very attractive bonus offer with no hidden conditions.
The withdrawals are instant.

Few things that they need to improve are as below.

Their support team is not upto the mark. I have tried contacting them twice and I didn't get reply once.
Today also I am facing one issue. My bets are not yet settled even after 1.5 hrs of match finish. I tried waiting and then dispatching an email Still waiting for their reply. Hope they work to improve on this area. They definitely have a good chance to hit the top bitcoin sportsbook rank.


Also Powerbet.io please reply on my issue.
Bet : 3690, 3691, 3692 are not settled. Please release so that I can make more bets.

Regards,
spbettor

You had no problem at all?
What about withdrawal?
They indeed seem rather legit. But they have one or two accusations.
Well accusations without proofs are worthless but still it's good to also have positive feedback!

Hi Naokia980, you came across the same problem as in the following quote. We're still working on fixing this.

I  tried this betting site and impressed! Recommended! Everything was ok till using bonus amount. I deposited and wagered deposit amount over 1.70 odd. Withdrawed winnings+deposit and tried to use my bonus amount.  Withdraw process is instant and good than nitrogensports. I couldnt be able to use bonus amount, but i did everyhing as stated on rules..  Some script gives this error when i click to wager  bonus amount: bonus_account.bet_place_not_permitted_before_player_accoun  Contacted support and waiting for answer.  I hope they will solve problem.   (Sorry for my poor english!)